It’s been an incredible year for CIC’s global community. Across our campuses worldwide, member companies are achieving remarkable milestones, from advancing cutting-edge cancer treatments to pioneering solutions in renewable energy and AI. 2024 has brought exciting new ventures, groundbreaking research, and well-deserved recognition to our members. Read on to discover how these innovators are making an impact in their industries and beyond.
New Majority Capital
With a mission to help close persistent wealth gaps in the United States, CIC Providence member New Majority Capital (NMC) is reshaping pathways to economic equity. After the first close of NMC Fund I in June 2024, led by the Skoll Foundation, NMC is poised to support the next generation of business owners through strategic acquisitions. By partnering with underrepresented entrepreneurs, NMC provides the education, resources, connections and funding needed to acquire existing, cash flowing small businesses in the United States. This work underscores NMC’s dedication to empowering underrepresented entrepreneurs and strengthening local economies nationwide.
